Strength Seen in Nordson (NDSN): Can Its 11.8% Jump Turn into More Strength?

Nordson Corporation (NDSN) shares soared 11.8% in the last trading session to close at $187.29. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 18.7% loss over the past four weeks.Nordson has been gaining on solid momentum across the optical sensors and measurement & control businesses. Strong customer demand for the nonwovens, packaging, consumer non-durable and optical sensors product lines is aiding the company.This maker of a ...